Eastern Europe was emerging as a bigger player in the capacity expansion plans of many Western vehicle manufacturers, with Russia, in particular, seen destined to become Europe’s biggest market by the next decade....More
As 2007 winds down, VW finds itself on the verge of two potentially seminal events: official take over of the auto maker by Porsche and the possibility a sex and payola scandal could reach all the way to management’s top ranks....More
In the initial aluminum-to-steel production program, GM will be moving cautiously, replacing only a couple of the rivets currently used to test the manufacturing process and prove part durability before moving on to more extensive applications....More
Each vehicle nominated for Wards 10 Best Interiors is scored based on aesthetics and design harmony as well as materials, ergonomics, safety, comfort, value and fit-and-finish. Editors also test the user-friendliness of the human-machine interface.
Last year, Hyundai was the first automaker in the world to sell a vehicle powered by a hydrogen fuel cell. Hyundai Vice Chairman Woong-chul Yang makes it clear the automaker plans to be a trailblazer in hybrids as well as fuel cells....More
New-car sales in China are expected to grow at least 5% this year. But margins on those sales, already small, have vanished for many dealers. Retailers now are looking to look to areas such as finance and insurance and used-car sales for profits....More